Join BMO's Pratik Patel and Dave Bensema, CPA, CFP, Managing Directors with BMO Family Office, along with David Shaw, Publishing Director, Family Business Magazine to learn about the potential benefits that the recent tax updates may have for you and your family business in the future.
President Biden's American Jobs Plan and American Families Plan could significantly impact corporate and individual income taxes. The proposed tax code changes have been closely watched by business owners and their advisors this year. Join us for an update on the latest developments from Washington and learn about topics such as:
- What is the status of tax changes impacting family businesses?
- Tax considerations for buying or selling a business – what's the right timing?
- Is the tax impact different for C corporation vs. S corporation owners?
- How are real estate sale rules impacted (1031 exchanges)?
- How could my personal income taxes and estate planning be impacted?
Speakers
Pratik Patel
Managing Director, BMO Family Office
Pratik Patel leads the tax planning team at BMO Family Office, a wealth management provider that advises business owners and ultra-affluent individuals, families and family offices across their tax, estate, investment and philanthropic needs. Pratik oversees the delivery of integrated planning strategies. He has over a decade of experience in the financial services industry and has advised business owners on complex retirement, succession and estate planning needs during his career.
Dave Bensema, CPA, CFP®
Managing Director, BMO Family Office
Dave Bensema, CPA, CFP® is a Managing Director on the tax planning team at BMO Family Office. Dave provides customized financial planning solutions to individuals and families as part of an overall personal wealth management strategy. He frequently works with business owners on the pre-transaction stage of business acquisitions and sales, in order to maximize the tax mitigation strategies. He joined the organization in 1991 and has over 30 years of experience in the financial services industry. He is a Certified Public Accountant and a CERTIFIED FINANCIAL PLANNERâ„¢ professional.
David Shaw
Publishing Director, Family Business Magazine
David Shaw is the publishing director for MLR Media. He also co-founded and serves as conference director of the Transitions conferences, the Private Company Governance Summit and Family Business Legacy. David writes frequently on governance issues for public and private companies, and develops and maintains close relationships with multi-generational family-owned businesses. He is married, with two grown children.
Benefits
• No cost to attend
• Opportunity for questions and feedback
• Unbiased third-party family business education
• All participants can receive a copy of the webinar materials after the event, upon request
• All participants receive Family Business Magazine weekly newsletter, with news, tips and trends that impact your family business. You may, of course, opt out at any time.
• 60 minutes — maximum value for time
Sponsor
BMO